Ver Angola

Banking and Insurance

Highlights

Banking and Insurance

BCP made a provision of 16.6 million euros in Portugal on operations in Angola

In Portugal, BCP recorded a provision of 16.6 million euros over its 22.73 percent stake in Banco Millennium Angola (BMA) due to uncertainties in the local context, said executive president Miguel Maya.

Banking and Insurance

Standard Bank calls general meeting with renewal of the dismissal of Carlos São Vicente on the agenda

Standard Bank Angola convened for March 29 an extraordinary general meeting that includes on the agenda the renewal of the dismissal of non-executive directors Carlos São Vicente, and his son, Ivo São Vicente.

Banking and Insurance

Insurance regulator suspends authorization of new policies to two insurers

The Angolan Insurance Regulation and Supervision Agency (ARSEG) suspended the authorization to subscribe for new policies from Master Seguros and Confiança Seguros for a period of 180 days for detecting irregularities in the account reports.